Stocks rebound as bank, power sectors surge
Stocks returned to the green Wednesday, snapping a three-day losing streak, as investors went on late-hour buying binge, especially bank and power stocks.Analysts said the market rebounded as optimistic investors went on buying spree on sector-wise stocks amid ongoing quarterly earnings declarations.The market started on a positive note and the...
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BSEC to include suggestions from trade, corporate bodies
Bangladesh Securities and Exchange Commission (BSEC) will finally incorporate the rational suggestions in the draft Code of Corporate Governance (CCG), proposed by the different trade and corporate bodies and professional institutes, Dr. Swapan Kumar Bala, Commissioner, BSEC said at a conference on Tuesday in the city.The Institute of Chartered Accountants...
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Three cos recommend dividends
Three more listed companies have recommended dividends ranging from 10 per cent to 150 per cent for the year ended on December 31, 2017, according to separate official disclosures Wednesday.The boards of Heidelberg Cement Bangladesh and Eastern Bank Limited (EBL) recommended dividends less than that of the previous year while...
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DSE congratulates BSEC chairman Prof Khairul
A delegation of Dhaka Stock Exchange (DSE), led by DSE chairman Professor Abul Hashem, on Wednesday called on Bangladesh Securities and Exchange Commission (BSEC) Professor M. Khairul Hossain to congratulate him for his getting extension for the second time. The delegation also included, among others, DSE directors Mrs Monowara Hakim...
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Mercantile Bank, iPay sign deal
Mercantile Bank Limited has recently signed an agreement with iPay Systems Limited. The agreement was signed by Kazi Masihur Rahman, Managing Director and CEO of the bank, and ATM Zakaria Swapan, founder & CEO of iPay, on behalf of their respective organisations at bank's head office in Dhaka, according to...
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Ten top-traded cos clinch 33pc transaction
Ten top-traded companies captured nearly 33 per cent transaction on the Dhaka Stock Exchange (DSE) Wednesday with Grameephone topping the list for the second consecutive session.Market operators said investors continued to bag profit on GP shares as the company's first quarter earnings failed to meet investors' expectation.According to statistics available...
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Bank Asia signs deal with Nathan Associate London
Bank Asia Limited and Nathan Associate London Limited, an authorised agent of Department for International Development (DFID), have signed a grant contract to support the financial inclusion with capacity building of smallholders and the emergence of thriving communities in which farmers flourish with additional income, recycling it and capturing value...
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News Briefs-(26-04-2018)
Renwick Jajneswar The company recently launched a park in its own premises for public visit. All the facilities required in this respect have been completed and it is ready for opening to public. It is estimated that the company to earn an annual revenue of Tk 1.5 million from this...
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'WE ARE PREMIER' campaign rewarded
Chairman of Premier Bank, HBM Iqbal, Advisor of the bank, Muhammad Ali and Managing Director M. Reazul Karim pose for photo session at an event, where the top achievers of the bank's 'WE ARE PREMIER' campaign were rewarded
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LankaBangla Finance Ltd signs MoU with Regent Airways
LankaBangla Finance Ltd (LBFL) signed a MoU with Regent Airways for its customer privilege recently. Khurshed Alam, Head of Retail Finance of LBFL, and Sohail Majid, Director, Marketing & Sales of Regent Airways, signed the MoU for their respective organisations. Under this MoU, LBFL card members will enjoy EMI facility...
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Annual Dealers' Conference of Anwar Group
Md. Touhidul Alam Khan, Deputy Managing Director & Chief Business Officer of Prime Bank Limited, seen at the Annual Dealers' Conference of Anwar Group as the chief guest in Chapainawabganj recently while Anwar Hossain, Proprietor of Anwar Group, presided over the conference and Imtiaz Ahamed Bhuiyan, EVP of Prime Bank,...
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